Horizons ETFs Announces March 2012 Distributions

Thursday, March 22, 2012

Horizons ETFs Announces March 2012 Distributions17:00 EDT Thursday, March 22, 2012TORONTO, March 22, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. are pleased to announce the distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the period ending March 31, 2012, as indicated in the table below.The ex-dividend date for the Distributions is anticipated to be March 28, 2012, for all unitholders of record on March 30, 2012. The Distributions will be paid in cash or, if the unitholder has enrolled in the respective ETF's dividend reinvestment plan (DRIP), reinvested in additional units of the applicable ETF, on or about April 12, 2012.CLASS E UNITSETF NameTicker Symbol Distribution per Unit Annualized Yield * Frequency Horizons Enhanced Income Equity ETFHEX$0.0704210.62%MonthlyHorizons Enhanced Income Energy ETFHEE$0.0806112.73%MonthlyHorizons Enhanced Income Gold Producers ETFHEP$0.0913015.21%MonthlyHorizons Enhanced Income Financials ETFHEF$0.055127.53%MonthlyHorizons Enhanced Income International Equity ETFHEJ$0.1127913.05%MonthlyHorizons Enhanced Income US Equity (USD) ETF (1) HEA.U$0.090419.86%MonthlyHorizons Gold Yield ETF (2)HGY$0.0825010.22%MonthlyHorizons Silver Yield ETF (3)HZY$0.0825010.47%MonthlyHorizons Crude Oil Yield ETF (3)HOY$0.0975011.61%MonthlyHorizons Natural Gas Yield ETF (3)HNY$0.1250015.16%MonthlyADVISOR CLASS UNITSETF NameTicker Symbol Distribution per Unit Annualized Yield * Frequency Horizons Enhanced Income Equity ETFHEX.A$0.065419.83%MonthlyHorizons Enhanced Income Energy ETFHEE.A$0.0760811.94%MonthlyHorizons Enhanced Income Gold Producers ETFHEP.A$0.0861314.42%MonthlyHorizons Enhanced Income Financials ETFHEF.A$0.049546.75%MonthlyHorizons Enhanced Income International Equity ETFHEJ.A$0.1062612.30%MonthlyHorizons Enhanced Income US Equity (USD) ETF (1) HEA.V$0.083179.07%MonthlyHorizons Gold Yield ETF (2)HGY.A$0.075599.37%MonthlyHorizons Silver Yield ETF (3)HZY.A$0.075789.62%MonthlyHorizons Crude Oil Yield ETF (3)HOY.A$0.0903410.77%MonthlyHorizons Natural Gas Yield ETF (3)HNY.A$0.1179614.31%Monthly* Based on the applicable March 20, 2012 net asset value per unitDistributions will vary from period to period.(1) Distributions for Horizons Enhanced Income US Equity (USD) ETF are declared and paid in U.S. dollars.(2) The Class A and Class F Units of the Horizons Gold Yield Fund were converted into Class E Units of the Horizons Gold Yield ETF as at the close of business on February 27, 2012. The Class E Units and Advisor Class Units of Horizons Gold Yield ETF began trading on February 28, 2012.(3) The Class E Units and Advisor Class Units of Horizons Silver Yield ETF, Horizons Crude Oil Yield ETF and Horizons Natural Gas Yield ETF began trading on March 1, 2012.Each ETF makes Distributions to unitholders based on the amount of call option premiums received during the month, along with any dividend income received, less expenses payable by the ETF. Call option premiums, and therefore the amounts distributed, tend to reflect the prevailing market volatility, either higher or lower. Should volatility levels increase in the future from current levels, it would be expected that call option premiums would generally rise.About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)Horizons ETFs is an innovative financial services company offering the Horizons ETFs family of ETFs. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. With more than $3.4 billion in assets under management and 81 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up the largest selection of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group. For further information: Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739

Restrictions

All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. Thomson Reuters is not liable for any errors or delays in Thomson Reuters content, or for any actions taken in reliance on such content. ‘Thomson Reuters’ and the Thomson Reuters logo are trademarks of Thomson Reuters and its affiliated companies.